Health Insurance for Self-Employed

When you are a self-employed, finding a health insurance is a bit hard. However, there are still ways to find and search for a good health insurance with a wide coverage and a manageable price. The price may vary depends on where you are located, your age and the type of policy you need.

Today, there are a lot of Americans who are self-employed; either they are freelancers or independent contractors. While some are just part-timers, and others have already retired then they just put up their own business.

No matter what is their job title, searching for the best health insurance is their problem, more and more American adults lacks their health insurance every year, probably they want to have an health insurance but they don’t know how to apply for one. While for the others, they are so much busy finding about their dream job, or managing their own business and their health insurance is being set aside.

The health-care reform law is now tackling this problem; their plan is to promote affordable health insurance for the self-employed workers. They will be able to purchase health insurance through “state insurance exchanges” and these are intended also for the workers who have low and moderate incomes.

Ways to get a Self-employed Health Insurance:

From your Previous Employer

Other employers allow their retired employees to buy low-cost health insurance through their company; others are even giving subsidized portion of the premium, so it won’t be too expensive for their former employees, and there are doing that as a courtesy for the employees’ long term of service with the company. So don’t hesitate to ask your previous employer if they can help you get an health insurance before seeking for other options.

Join Private Groups

Groups like Churches, alumni associations or even bar associations offer low-cost health insurance to their members with group coverage rates. Choose the best groups that is relevant to what you are currently into, example if you are running your own business, you can try to check your local Chamber of Commerce, or other local government that can offer you health insurance plans. You can also try to check if your local village offers health insurance for its members, use your networks, there are a lot of groups to choose from.

Start a Small Business Group              

If you have a small business and have few employees, you are eligible to purchase a small group health insurance plan, some health insurers offers a great health insurance deal for small groups with at least two employees. You can also seek assistance to a health insurance broker to help you set things up.

Stay Employed

You can consider getting a part time job even though you have your own business already, you apply to a job that only requires you 4 hours of your time, plus you can earn extra money to pay for your health insurance. If you are working for 20 hours a week, you may be qualified to get a health insurance. 16% of al firms offer health insurance to their part-time workers.

Consult Health Insurance Agent

Dealing directly with an health insurance agent is also an option if you are a self-employed. Do some research, talk to different agents and compare their rates and coverage of the plans they offer, you can also ask your friends or colleagues who are also self-employed. In that way, you can get many ideas, and you can choose for the best offers.

Even when you are busy running your own business, or busy doing other things, do not forget to get a hold of a health insurance.